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UK equity ETFs ripe to be revisited

The resurgence of the UK has been well documented this year, the UK economy continues to grow and consumer confidence is at a 13-year high. These factors are feeding into the UK stockmarket. Many of the major indices have hit all-time highs, particularly the FTSE 100 which has broken the 7,000 mark. UK equity is […]

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NAB set to offload Clydesdale and Yorkshire Banks

National Australia Bank is set to let go of Clydesdale and Yorkshire Banks and float part of the business. As part of its de-merger plans, NAB will transfer 70-80 per cent of its shares in Clydesdale, which includes Yorkshire Bank, to NAB shareholders. The remaining 20-30 per cent will be floated on the stock exchange. […]

Towers Watson and Threadneedle parent circle Russell Investments

Towers Watson and Threadneedle Investments’ parent company are among the bidders circling Russell Investments, the US asset manager being sold by the London Stock Exchange Group. The FT reports an auction process for the business is now in the second round. Russell Investments has $273bn (£177bn) in funds under management and is expected to be […]

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